Credit Suisse Group AG set a €40.00 ($45.98) price objective on GEA Group Aktiengesellschaft (ETR:G1A) in a research note issued to investors on Friday morning. The brokerage currently has a buy rating on the stock.
Other equities analysts have also recently issued research reports about the company. J P Morgan Chase & Co set a €43.40 ($49.89) target price on GEA Group Aktiengesellschaft and gave the company a buy rating in a research note on Saturday, May 20th. Morgan Stanley set a €45.00 ($51.72) target price on GEA Group Aktiengesellschaft and gave the company a buy rating in a research note on Saturday, May 20th. Nord/LB set a €45.00 ($51.72) target price on GEA Group Aktiengesellschaft and gave the company a buy rating in a research note on Saturday, May 20th. DZ Bank AG reaffirmed a buy rating on shares of GEA Group Aktiengesellschaft in a research note on Saturday, May 20th. Finally, Royal Bank Of Canada set a €45.00 ($51.72) target price on GEA Group Aktiengesellschaft and gave the company a buy rating in a research note on Saturday, May 20th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the company. GEA Group Aktiengesellschaft currently has an average rating of Hold and a consensus target price of €39.71 ($45.64).
GEA Group Aktiengesellschaft (G1A) traded down 0.292% during midday trading on Friday, hitting €35.496. 3,756 shares of the company traded hands. GEA Group Aktiengesellschaft has a 12-month low of €32.10 and a 12-month high of €50.02. The stock has a 50 day moving average price of €37.07 and a 200-day moving average price of €38.21. The company has a market cap of €6.83 billion and a PE ratio of 22.353.
About GEA Group Aktiengesellschaft
GEA Group AG is a German-based management holding company of the GEA Group which provides systems for food and energy processes. It operates five segments: GEA Food Solutions; GEA Farm Technologies; GEA Mechanical Equipment; GEA Process Engineering, and GEA Refrigeration Technologies. The GEA Food Solutions segment involves activities that feature standardized and customer-specific equipment.
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